UK: August house prices down by most since April 2009 - Hometrack

From Reuters: British house prices suffered their biggest fall since April 2009 this month, declining by 0.3 percent, property data company Hometrack said on Monday in its monthly survey of estate agents and surveyors.

August is traditionally a weak month for British house prices, with many buyers on holiday, and Hometrack’s data are not seasonally adjusted. Nonetheless the firm said a downward price trend was now underway after July’s 0.1 percent fall…………………………………….Full Article: Source